Xbox Live Rewards

5000 Reward Credits = £3.35

Microsoft has re-launched the Xbox Live Rewards programme, which was previously retired due to the recent switch from Microsoft Points to hard currency. The new scheme revolves around earning credits by participating in activities, eventually earning enough to convert into actual credit to spend on games and marketplace content.

A high Gamerscore equates to better bonuses. We've got a full explanation and an "exciting" infographic below.

Current Scheme Will Be Axed Next Month

The Xbox Live Rewards scheme, which grants participants a small Microsoft Points rebate and bonuses for making XBLA purchases, naturally won't make sense once Microsoft Points are phased out next month. The programme will be retired as of August 1st, to be replaced by a new system in September.

A cheeky tweet from the Xbox LIVE Rewards stream has hinted at something hardcore Xbox 360 gamers will have been eagerly anticipating for some time: an initiative that will allow you to earn Microsoft Points via Achievements.

Microsoft has announced a new promotion for Xbox Live Rewards members. The Triple Play Scheme offers 300 free Microsoft Points to players who take part in three out of a selection of different objectives, which include playing online and/or using an entertainment app for ten hours, logging into Facebook via the Xbox 360 app for one hour, or spending points on software. You'll have to choose one activity from each of the three categories: Gaming, Entertainment and Social.

You'll also have to sign up to Xbox Live Rewards to participate - and getting your free points will be easy if you already frequently use the service. Just watch some BBC iPlayer, buy an Xbox Live Arcade game (Sine Mora is a fine choice) and log into Facebook for a while, and bob's your uncle. We've got the details below.